
What is Ripple's XRP token?
Ripple's XRP token is a digital asset designed for payments and remittances within the RippleNet ecosystem. It acts as a bridge currency, facilitating transactions between different currencies and providing liquidity to the network. XRP is pre-mined with a total supply of 100 billion tokens, and its usage is integral to Ripple's vision of a more efficient and cost-effective global payment system.
